Falanx Group Limited Change of Adviser (6558T)
March 22 2019 - 3:01AM
UK Regulatory
TIDMFLX
RNS Number : 6558T
Falanx Group Limited
22 March 2019
Falanx Group Limited
("Falanx" or the "Company")
Change of Adviser
Falanx Group Limited ("Falanx" or the "Company") the AIM listed
provider of Cyber Security and Strategic Intelligence services is
pleased to announce that Stifel Nicolaus Europe Limited ("Stifel")
has been appointed as Nominated Adviser and Joint Broker with
immediate effect. The board believes that Stifel's dedicated cyber
security expertise, transatlantic presence and full investment bank
capability will support Falanx in the next phase of its growth.
Both of Falanx's divisions experienced strong organic revenue
growth in the third quarter of the year to 31 March 2019. Following
the institutional fundraising in November 2018, the Company's cash
balances remain strong and are able to support its next phase of
growth.
Mike Read Chairman and CEO commented
"We have made significant progress through the year and have put
in place strong foundations for the future. As part of this review
we are pleased to have engaged Stifel, and their dedicated sector
expertise and full advisory services will help support our growth
plans. I want to also thank the team at Spark Advisory Partners
Limited for their support, guidance and help over the last two
years."
Enquiries:
Falanx Group Limited Via IFC
Mike Read, Chairman and CEO
Stifel Nicolaus Europe Limited,
NOMAD and Joint Broker
Fred Walsh / Alex Price / Neil Shah
/ Luisa Orsini Baroni + 44 (0) 207 710 7600
----------------------
Turner Pope International Limited,
Joint Broker
James Pope / Ben Turner +44 (0) 203 621 4120
----------------------
IFC Advisory Ltd
Financial PR & IR
Graham Herring / Miles Nolan / Zach
Cohen +44 (0) 203 934 6630
----------------------
About Falanx
Falanx Group Limited, is a global intelligence and cyber defence
provider working with blue chip and government clients. For more
information: http://www.falanx.com/
About Stifel
-- Stifel is a leading full-service middle-market investment bank, based in the City of London
-- Wholly owned by U.S. listed Stifel Financial Corp, Stifel
provides a bulge bracket range of services to middle-market clients
through corporate broking, equity capital markets, debt capital
markets, and mergers & acquisitions
Stifel in Europe has raised GBP3bn of equity for clients since
2018 and acts as corporate broker to approximately 70 clients. They
cover 12 industry groups, (including dedicated professionals in
cyber security), through around 80 people in Investment Banking and
have access to more than 3,000 institutional investors globally
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END
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